Gamma Communications PLC Director/PDMR Shareholding (7595Y)

TIDMGAMA

RNS Number : 7595Y

Gamma Communications PLC

03 January 2020

3 Jan 2020

Gamma Communications plc

Director / PDMR Shareholding

Gamma Communications plc ("Gamma" or the "Company") has been informed that Andrew Stone, a Non-Executive Director of the Company, sold:

6,038 shares in the Company at 1365.2p per share on 31 December 2019; and

23,962 shares in the Company at 1363.5p per share on 2 January 2020.

He has a resultant holding of 370,000 shares, representing 0.4% of the Company's issued share capital.

The notification below, which has been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 
 Gamma Communications plc                         Tel: [phone] 
  Andrew Taylor, Chief Executive Officer 
  Andrew Belshaw, Chief Financial Officer 
  Malcolm Goddard, Company Secretary 
  Investec Bank plc (NOMAD & Broker)              Tel: [phone] 
   Patrick Robb / Andrew Pinder / Sebastian 
   Lawrence 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                     Andrew Stone 
     -----------------------  --------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status          Non-executive Director 
     -----------------------  --------------------------------------- 
 b)   Initial notification     Initial notification 
       /Amendment 
     -----------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name                     Gamma Communications plc 
     -----------------------  --------------------------------------- 
 b)   LEI                      213800LAQZXPRIZUEH50 
     -----------------------  --------------------------------------- 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ---------------------------------------------------------------- 
 a)   Description              Ordinary Shares of 0.25p each in 
       of the financial         Gamma Communications plc 
       instrument,              Identification code (ISIN) for Gamma 
       type of instrument       Communications plc ordinary shares: 
       Identification           GB00BQS10J50 
       code 
     -----------------------  --------------------------------------- 
 b)   Nature of the            Sale of shares 
       transaction 
     -----------------------  --------------------------------------- 
 c)   Price(s) and                   Price(s)     Volume(s) 
       volume(s)                 A    1365.202p    6,038 
                                 B    1363.5176p   23,962 
                                     -----------  ---------- 
     -----------------------  --------------------------------------- 
 d)   Aggregated                 Price(s)   Volume(s) 
       information                n/a        n/a 
       - Aggregated                         ---------- 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the              A 31 December 2019 
       transaction              B 2 January 2020 
     -----------------------  --------------------------------------- 
 f)   Place of the             London Stock Exchange, (XLON) 
       transaction 
     -----------------------  --------------------------------------- 
 

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January 03, 2020 13:24 ET (18:24 GMT)